Shares of IG Group Holdings plc (LON:IGG - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,020.60 ($13.86) and traded as high as GBX 1,087 ($14.77). IG Group shares last traded at GBX 1,075.05 ($14.60), with a volume of 330,070 shares traded.
Analysts Set New Price Targets
A number of analysts recently issued reports on the stock. Canaccord Genuity Group lifted their price target on shares of IG Group from GBX 782 ($10.62) to GBX 1,099 ($14.93) and gave the stock a "buy" rating in a research note on Friday, May 30th. Berenberg Bank reissued a "buy" rating and issued a GBX 2,600 ($35.32) target price on shares of IG Group in a research report on Thursday, May 29th. Finally, Shore Capital reaffirmed a "buy" rating on shares of IG Group in a research report on Thursday, March 13th. Five analysts have rated the stock with a buy rating, According to MarketBeat, IG Group presently has an average rating of "Buy" and an average target price of GBX 1,466 ($19.92).
Check Out Our Latest Analysis on IG Group
IG Group Price Performance
The company has a 50 day moving average of GBX 1,085.87 and a 200-day moving average of GBX 1,020.60. The company has a quick ratio of 2.40, a current ratio of 2.47 and a debt-to-equity ratio of 17.04. The stock has a market capitalization of £3.82 billion, a P/E ratio of 7.18, a PEG ratio of -1.44 and a beta of 0.55.
IG Group Company Profile
(
Get Free Report)
IG Group LSEG: IGG is an innovative, global fintech company that delivers dynamic online trading platforms and a
robust educational ecosystem to power the pursuit of financial freedom for the ambitious. For nearly five decades,
the Company has evolved its technology, risk management, financial products, content, and platforms to meet the
needs of its retail and institutional clients.
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